The Effects of Economic Sanctions on Foreign Asset Expropriation
Bibliographic Data
| ID | 6286072 |
|---|---|
| Authors | Hoon Lee (0000-0002-0549-5028, Texas Tech University, Lubbock, TX, USA), David Lektzian (0000-0001-8806-3222, Texas Tech University, Lubbock, TX, USA), G Biglaiser (0000-0002-1350-2363, University of North Texas, Denton, TX, USA, corresponding author) |
| Year | 2023 |
| Volume | 67 |
| Issue | 2-3 |
| Pages | 266-296 |
| Publication date | 2023-02-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Journal of Conflict Resolution (JOURNAL) |
| Journal identifiers | ISSN: 0022-0027 • E-ISSN: 1552-8766 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/00220027221118250 |
| OpenAlex | W4292357017 |
| Language | EN |
| Citations received | 8 |
| References cited | 67 |
Studies suggest that home countries impose economic sanctions following host state expropriation of home firms. However, and not addressed in the empirical literature, is the possibility that sanctions lead targeted countries to nationalize firms from sender countries. Using bilateral expropriation data from 1985 to 2010, and controlling for endogeneity issues, we find that sanctions significantly increase expropriation risk, encouraging targeted states to inflict pain in a reciprocal manner on sender countries. Expropriations also enable targeted nations to acquire economic assets from foreign firms, undermining the restricting goals of sanctioning states, and provide opportunities for leaders to show political resolve at home by standing up to senders. Our results are robust using monadic or dyadic data and different statistical methods, indicating another sanction-busting strategy used by targeted countries
Asset (computer security · Business · Computer security · Economic sanctions · Economics · Endogeneity · Expropriation · International economics · International trade · Market economy · Political science · Public economics · Sanctions · Economic Sanctions and International Relations · Law · Natural Resources and Economic Development
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| Unique citing works | 8 |
|---|---|
| Citations per year | 8 |
| Citation span | 2025 - 2026 (2) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 8 |